Blockchain
Monaco Gears Up to Host Anthony Ritossa’s 9th Global Family Office Investment Summit Representing $4 Trillion in Wealth June 18-20
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Final preparations are underway in anticipation of the 9th Global Family Office Summit to be held June 18-20 in Monaco under the High Patronage of His Serene Highness Prince Albert II of Monaco and hosted by the 600-year-old Ritossa Family Office. An elite group of 400+ billionaires, sheikhs, royal families and business leaders representing $4 trillion in investor wealth will be center stage at the Fairmont Monte Carlo Hotel for a legendary celebration of global family businesses themed “The Rise and Rise of Family Offices.”
A few slots remain open for the Single Family Office International Tennis Tournament set for Friday, June 21 under the direction of legendary ATP tennis professional Diego Nargiso. Players will compete in singles and doubles, men’s and women’s events at the Monte-Carlo Country Club. MCCC Director Monsieur Eric Seigle will personally present the top three winners in each category with their prizes.
“Anthony Ritossa and myself are committed to long-term partnership in the interest of the substantial families and family offices that consider the Summit as a key opportunity for interaction and collaboration. There is truly no other event worldwide that offers the high quality of powerful speakers and delegates that Ritossa Family Office Summits provide,” said Giuseppe Ambrosio, President of the Monaco Single & Multi Family Office International Association. “In fact, the response to the Monaco Summit has been so overwhelming that we had to move the Summit to the Fairmont Monte Carlo Hotel in order to accommodate a record-breaking number of guests.”
“Monaco is always a perfect venue for our Family Office Summits and I look forward to hosting the 3rd event here in June. It is largely due to the support provided by Prince Albert II of Monaco, Giuseppe Ambrosio and the Summit Advisory Board that the event has become such a global sensation. We are very pleased that Markus Lehner, member of the Advisory Board and a resident of Monaco for 25 years, is the esteemed Chairman of the summit,” said Anthony Ritossa, Chairman of Ritossa Family Office.
“It is my privilege and honour to serve as the Chairman to the upcoming Family Office Investment Summit here in Monaco. Not only will it take place in our unique principality, but will also treat exciting, cutting-edge matters such as blockchain, artificial intelligence and progressive investments, which will change our world like nothing before,” said Markus Lehner, Principal, Markus Lehner Family Office and Chairman of the Summit.
“I have produced literally thousands of events and conferences around the world and never have I found such a broadness of vision and project. The official support of Sheik Zayed and the Monaco Prince, the presence of the heirs of Bahrain and Yugoslavia ruling families, the heirs of Reynolds, Rockefeller, Bismarck, Muhammad, Menelik, Selassie and a most innovative global finance platform is something unheard of before. Your event ranks in first place as the most astonishing and inspired world summit. I’m very proud to collaborate,” said Matteo Peri, CNBC Europe.
“Your wonderful Summit turned out to be the best conference I have been to. It’s only because of your splendid efforts and management, that made it so successful, highly stimulating and beneficial for all participants,” said Hadi Al Alawi, Chairman & CEO, Al Hayat Group, Kingdom of Bahrain.
“Ritossa Summits are the best in a perfect setting – we achieved US$360 million of investments,” said Nick Ayton, Founder & CEO, Chainstarter Ventures & Family Office Digital Asset Advisor, UK.
“Tremendous outcomes from being part of the 8th Global Family Office Investment Summit. Special thanks to Anthony Ritossa for the great hospitality. Looking forward to being part of the 9th Global Family Office Investment Summit in Monte Carlo – Monaco,” said Abdullah Al-Weshah, Private Office of H.E. Mubarak Bin Hamoodah, UAE.
“The 8th Global Family Office Summit was a crowning achievement for Anthony Ritossa and everyone who participated. It is no surprise that this is renowned as the largest and most exclusive worldwide family office gathering of all time and it is an honour to provide patronage to such an illustrious event. As at past Summits, many prominent families from around the world gathered for high level discussions about how to enrich the family legacy, grow and preserve wealth, and share ideas. We look forward to future events,” said Mohamed Al Ali, CEO & Advisor, Sheikh Ahmed Al Maktoum International Investments Enterprise, UAE.
SOURCE Ritossa Family Office
Blockchain
Africa Loyalty Programs Market Databook 2025, with Safaricom, Paga, M-Pesa, Airtel Money, MTN MoMo, Pick n Pay, JumiaPay, Paycode, TradeDepot, Shoprite, Flutterwave, Takealot, Ecobank and More
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As the Layer-1 ecosystem is increasingly flooded with inflated performance claims, new research from Steven Pu, Co-Founder of Taraxa, delivers a reality check. Using data from Chainspect, the study evaluates the cost-efficiency of 22 blockchains by analyzing the real-world cost of running a validator node against actual mainnet throughput.
Blockchain performance reports often rely on idealized scenarios with private testnets, specialized hardware, and unrealistic assumptions that inflate transactions-per-second (TPS) numbers. This results in performance claims that look impressive on paper but do not hold up in practice.
Pu’s research introduces a more pragmatic approach—measuring transactions per second achieved on mainnet per dollar spent on a validator node (TPS/$). This simple yet powerful metric directly addresses the distortion in performance figures by shifting the focus from theoretical throughput to cost-adjusted efficiency. By assessing how much real transaction processing power a network provides per dollar spent, this study offers a fair and verifiable way to compare blockchains on a level playing field.
Figures are produced by dividing the observed mainnet throughput by the monthly cost of a single validator node. The goal is to ensure that blockchain developers, investors, and users have access to data that truly reflects network sustainability and scalability.
This research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Tellingly, the results expose a striking gap between theoretical performance figures and real-world results. Figures show that theoretical throughput is overstated by a staggering average of 20 times when compared to actual mainnet observations. This means that TPS figures, often cited in whitepapers and marketing materials, vastly exceed what is achievable under real-world conditions.
Such a significant discrepancy suggests that developers, investors, and users may base their decisions on numbers that do not hold up outside of a controlled test environment. This calls for a reform in how blockchain performance is reported and evaluated.
“Investors, developers, and users deserve transparency,” explains Pu. “The blockchain industry has long been obsessed with theoretical performance figures, but numbers generated in a lab mean little if they can’t be replicated in real-world conditions.”
“Our research also shows that many networks require expensive hardware just to achieve modest transaction rates, which is neither technically impressive nor decentralized. By focusing on verifiable data from live networks, we can shift the conversation toward meaningful performance metrics that actually impact usability, cost-efficiency, and decentralized adoption.”
Findings also show that only four out of the 22 blockchains achieve a double-digit TPS/cost ratio. This low percentage highlights that most networks require high expenditures to reach modest transaction rates. Many networks fall short when the real cost of running a node is considered. Users and developers face a challenging landscape where performance is not always backed by cost efficiency.
Rather than dismissing other chains, Taraxa calls for more transparent, verifiable and balanced metrics for comparing blockchains. The research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Overall, the research challenges common industry practices that rely on overly optimistic theoretical metrics. The market often relies on figures generated under ideal conditions that rarely match everyday use.
By basing this study on data from live networks, the Taraxa team provides a more grounded look at blockchain performance. The focus on cost efficiency and real-world conditions helps set a new standard for performance reporting.
The post Taraxa Report Reveals 20X Overestimation In Blockchain Throughput appeared first on News, Events, Advertising Options.
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